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Our client is one of the world’s leading Energy & Commodity Trading businesses with a successful history of growth. Their distinct cultre thrives on values, giving them a strong base and passion to succeed as a team. Employees enjoy an environment that allows them to develop their skills, knowledge and experience giving them every opportunity to have successful careers. New ideas and initiatives are encouraged as it is widely believed that inspired individuals can make a difference and help shape the future of the business.
Using your technical ability, you will
- For a specific set of business units, ensure monthly trading balances, as reported in SAP ERP comply with both IFRS and Trading Group Accounting Polices
- Reconcile legal entity results in SAP ERP, for at least one trading desk and/or legal entity, to Product Control monthly estimates, investigating all material differences. Working with senior members of the Team, take appropriate action to ensure reporting obligations are met
- Take ownership of the monthly preparation of key financial data and business commentary for a specific set of business units, specifically for balance sheet results at entity level, and presentation across the team
- Take ownership of the sub-group derivative balance sheet, operating financial netting under IFRS, GL assignment and other controls to ensure all unrealised trades are correctly presented across asset and liability accounts.
- Support new business opportunities through timely analysis, advice, and input for sign off, ensuring that any new commodities, markets, or deal structures, can be accurately and completely reported in company, group, and parent company accounts. This will Include liaison with other impacted teams, both within finance, and across middle and front office.
- Work closely with ultimate parent company teams to implement and maintain any required changes and updates to the local and parent company chart of accounts, as operated in SAP for trading balances.
- Contribute to overall data management, ensuring that all logic, mapping tables and GL assignments are actively maintained and validated within the ETRM to SAP interface layer, I&R. Lead improvement projects to improve and simplify such logic, in line with team and departments objectives.
- Review working papers and results of more junior team members within the Trade Accounting function.
EXPERIENCE
You will be a qualified chartered accountant, audit trained with proven post qualification experience and hands-on experience of working with physical commodities (desirable) combined with experience of the following:
- Substantiating foreign currency transactions in SAP, including realised and unrealised gains and losses on revaluation and cash clearing
- Owning a derivative financial netting process, understanding both the IFRS rules followed, as well as some of the challenges in its application
- Business transformation or experience within a fast-paced change environment
- Working with vast amounts of data, and financial reporting thereon
- Strong MS Excel experience; explicitly the use and manipulation of pivot tables on often large amounts of transactional level data.
You will also demonstrate
- Strong stakeholder management experience with the ability engage both internal and external audiences
- Effective communication skills (both written and verbal) with the ability to quickly build trust with senior stakeholders in non-finance functions
- The ability to work on own initiative as well as being an effective member of a team, also taking responsibility for reviewing the work of less experienced team members
- Accuracy and attention to detail whilst delivering against challenging deadlines
- Flexibility of approach to ensure compliance with deadlines
- A proactive and decisive mindset
- Strong project management skills
- Highly effective written and verbal communication skills
